George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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No brainer,yup just about sums up TW
Biker,
With an MCAP of just £6m, there's plenty of headroom for growth. £6m for an international banking business, LOFL, and that's why AIM is a joke of a market.
I think the only way to play this is a long game, which is what the strategic investors have done. Typically the investors who buy into this round will be looking for upwards of a 3 * return in their investment. This gives you an indication of the type of valuations we could be looking at in a few years
Biker,
That's what AIMs like init mate. Seller early doors, MMs drop 10%, buyers of far more shares later, MMs unmoved. Seems that's just the way it is here for now. All we can do buy the dips as you say (and I did yesterday). Feeling rather top heavy here now but confident that this company will not be recognisable compared to now at some point in 2022. Richard Shearer continues keeps making all the right moves, one day this will translate into a much, much better rating.
Got a feeling that there are more t traders in the mist, that will get suckered.
10k sell (£5K) and 10% swiped. Fekin joke being on aim.
Difficult to type on I phone at time. One of the key elements in Valuation model is the achievement of milestones
Hi 001,
Yes there will be a disconnect in valuations. The US investor valuation is based on a discounted model of a future valuation based on the achievement of valuations. Typically these types of investment will generate upwards of 3 times return. Aim valuation is governed by a small volume of trades and price direction dictated by mms to squeeze punters out of positions. The two valuations will converge over time, but in the short term the aim quote does provide a mechanism for pi’s to sell if they need to. As stated previously I’m happy to wait for the big bucks
I hope so because being on AIM is not doing us any favours at all at the moment. AIM is such a traders market these days that any gains are easily traded away in no time at all and on very small volume/value. MCAP is totally irrelevant to MMs who can devalue the company by hundreds of thousands on the back just a few sells. AIM is not seen as an investment market and Richard clearly understands that too, hence the list on OTC and confirmation he is looking to US investors next for the $5m funds he expects to close on by the end of December.
3 trades in November on otc. Hopefully this will pick up as profile increases with future fund raisings.